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Nonprofit · EIN 47-4152293

SANKOFATECH INC

Tax-exempt (reinstated) · BRONX, NY 10467

Financials

$46K$25K2023
Revenue Expenses · by fiscal year end
Financials of SANKOFATECH INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$45,819$24,644$21,175$45,819$24,644$21,175
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$45,819
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$4,250
Salaries, compensation and benefits (total)
$4,250
Other expenses
$20,394
Program services (functional)
$24,644

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$45,819
Total liabilities, end of year
$24,644
Net assets, end of year
$21,175
Cash, savings and investments
$45,819
Gross receipts
$45,819

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
Wendy TettehProgram Manager40$4,250
Joseph AbankwaManaging Director10$0
Abena AfulProgram Manager4$0
Kwadwo NyarkoTech Lead2$0
Kwaku KesseyTech Lead2$0

Address and contacts

Address (IRS master file)
3560 WEBSTER AVE APT 4G, BRONX, NY 10467-5043
Mailing address (990-N for 2025)
3560 Webster Ave apt 4g, Bronx NY 10467
Principal officer (990-N for 2025)
Joseph Abankwa, 7 Jerome Place, North Brunswick Townsh NJ 08902
Signed the 990-EZ
Joseph Abankwa, Managing Director
Phone
(347) 350-4165

Mission

Our mission is to develop the next generation of Black software and data scientists from low-income households.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • In 2023, Sankofatech successfully empowered 19 low-income Black college students pursuing computer science careers through mentorship, skills development programs, and approximately $10,000 in scholarships. We further supported student development by sponsoring 5 scholars to attend a technology conference. These efforts resulted in a 90% program satisfaction rate, an 88% internship placement rate, and our entire first cohort remaining on track to graduate in 2024. Building on this success, we plan to expand our cohort to at least 25 students in 2024. These achievements demonstrate Sankofatech's commitment to fostering promising talent and diversifying the technology workforce.
    Expenses $24,644

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-N on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
47-4152293
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Revocation and reinstatement

Exemption revoked
May 15, 2018
Posted by the IRS
August 13, 2018
Reinstated
Effective May 15, 2018

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: Joseph Abankwa
December 31, 2025≤ $50,000 receipts––e-Postcard
990-N for 2024
Officer: Joseph Abankwa
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$45,819$24,644$45,819XML
990-N for 2022
Officer: Joseph Abankwa
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Joseph Abankwa
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Joseph Abankwa
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Joseph Abankwa
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-4152293).

Questions about SANKOFATECH INC

What is the EIN of SANKOFATECH INC?
The employer identification number (EIN) of SANKOFATECH INC is 47-4152293.
Is SANKOFATECH INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2018 and reinstated it effective May 15, 2018.
Are donations to SANKOFATECH INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SANKOFATECH INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SANKOFATECH INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SANKOFATECH INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of SANKOFATECH INC?
The 990-N for 2025 names Joseph Abankwa.
Who are the officers and directors of SANKOFATECH INC?
The 990-EZ for the year ended December 31, 2023 lists 5 people; 1 received compensation from the organization, the highest $4,250 (Wendy Tetteh, Program Manager).
How much revenue does SANKOFATECH INC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $45,819, expenses of $24,644 and total assets of $45,819 at year end.

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